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Proposition ALUBBOCK ISD (Lubbock County)
PASSEDLUBBOCK ISD 2021 Capital Infrastructure & Facility Improvement Bond Proposition
May 2021 LUBBOCK ISD Uniform General & Special Election • Canvassed on 2021-05-01
Official Certified Canvass Outcome
FOR: 1,553 (52.0%)AGAINST: 1,434 (48.0%)
Total Ballots Cast on Proposition: 2,987
Authorized Bond Debt
$100.9M
Total 30-Yr Repayment
$153.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LUBBOCK ISD to issue $100,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $100,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LUBBOCK ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.